WASHINGTON (3/22/16)--The National Credit Union Administration is among federal regulators that released guidance Monday clarifying the applicability of the Customer Identification Program rule to prepaid cards issued by financial institutions.
ALEXANDRIA, Va. (3/14/16)--Loans and deposits in federally insured credit unions grew in all 50 states and the District of Columbia in the final quarter of 2015, according to the National Credit Union Administration.
WASHINGTON (3/11/16)--The National Credit Union Administration board will be in a better position to consider an extended examination cycle once new processes and procedures are in place by the end of 2017, agency Chair Debbie Matz wrote Thursday.
ALEXANDRIA, Va. (3/9/16 UPDATED 1:00 p.m.)--CUNA President/CEO Jim Nussle expressed his gratitude to National Credit Union Administration Chair Debbie Matz, who announced today she would step down April 30. Nussle personally talked to Matz immediately following her retirement announcement.
The subject of dividends has come up in a number of questions to CUNA’s compliance staff recently, making this a good time to address questions with the NCUA’s Truth in Savings Regulation (12 CFR 707).
The CFPB is expected to release its proposal on debt collection in conjunction with a July 28 field hearing in Sacramento, Calif. CUNA has met with the bureau a number of times to address the forthcoming rulemaking.